GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Agnico Eagle Mines Ltd (TSX:AEM) » Definitions » 1-Year ROIIC %

Agnico Eagle Mines (TSX:AEM) 1-Year ROIIC % : -337.51% (As of Sep. 2024)


View and export this data going back to 1957. Start your Free Trial

What is Agnico Eagle Mines 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Agnico Eagle Mines's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was -337.51%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Agnico Eagle Mines's 1-Year ROIIC % or its related term are showing as below:

TSX:AEM's 1-Year ROIIC % is ranked worse than
89.91% of 2429 companies
in the Metals & Mining industry
Industry Median: -1.37 vs TSX:AEM: -337.51

Agnico Eagle Mines 1-Year ROIIC % Historical Data

The historical data trend for Agnico Eagle Mines's 1-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Agnico Eagle Mines 1-Year ROIIC % Chart

Agnico Eagle Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.28 28.62 24.08 1.59 13.61

Agnico Eagle Mines Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.09 13.61 -43.21 193.91 -337.51

Competitive Comparison of Agnico Eagle Mines's 1-Year ROIIC %

For the Gold subindustry, Agnico Eagle Mines's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Agnico Eagle Mines's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Agnico Eagle Mines's 1-Year ROIIC % falls into.



Agnico Eagle Mines 1-Year ROIIC % Calculation

Agnico Eagle Mines's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 2758.5852 (Sep. 2024) - 1588.4198 (Sep. 2023) )/( 37538.852 (Sep. 2024) - 37885.562 (Sep. 2023) )
=1170.1654/-346.71
=-337.51%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Agnico Eagle Mines  (TSX:AEM) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Agnico Eagle Mines 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Agnico Eagle Mines's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Agnico Eagle Mines Business Description

Address
145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.4 million gold ounces in 2023 and had about 15 years of gold reserves at end 2023. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.
Executives
Jean Robitaille Senior Officer
Christopher Charles Norman Vollmershausen Senior Officer
Sean Boyd Director, Senior Officer
Dominique Girard Senior Officer
John Merfyn Roberts Director
Carol-ann Plummer-theriault Senior Officer
Guy Gosselin Senior Officer
Ammar Al-joundi Senior Officer
Leona Aglukkaq Director
Martine Celej Director
Deborah Mccombe Director
Jamie Calvin Sokalsky Director
Natasha Nella Dominica Vaz Senior Officer
James Porter Senior Officer
David Smith Senior Officer